Volume 15, Issue 89 December 3, 2018
In this Issue
WGL Energy and Architect of the Capitol Complete 7.5MW Cogeneration System
Editor's Note
More Price Volatility
Giving Back
WGL Energy Partners with Childrens National to Light Up the DMV through Light Up Dr. Bear Fundraising Campaign
Local Cooling Degree Days*
Our Wind Power Partners

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Editor's Note
More Price Volatility
Week in review for November 25 - December 1, 2018


On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday November 23, 2018 was 3,054 BCF. This was a decrease of 59 BCF from the previous week and lower than the median market expectation. Inventories are now 644 BCF lower than last year at this time, 720 below the 5-year average and well below the 5-year minimum value. Storage levels are now 372 BCF lower than the previous 5-year low. 

This week, the NYMEX natural gas 12-month strip (Cal 2019) was up 2.0%, while the PJM West Hub Cal 2019 strip fell 1.3%. Prices for January through March 2019 remain highly volatile. Natural gas prices further out in 2020 and beyond remain near all-time lows.


This past week's market information is provided as a courtesy to our customers and is not indicative of, nor should be relied upon, as representative of future transactions.

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